managers meeting presentation - why cios get fired

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  • 8/4/2019 Managers Meeting Presentation - Why CIOs Get Fired

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    Why CIOs Get

    Fired

    CAI Managers MeetingSeptember 12, 2011

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    Agenda

    Purpose of Presentation Lets Take a Look at the Numbers Why DO CIOs Get Fired? Why Do CEOs Get Fired? How Does CAI Address? Takeaways

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    Purpose of Presentation

    At the end of this presentation you willbe able to:

    Discuss with CIOs the key career risks they

    are facing Present low-cost, low-risk ideas for

    addressing those risks

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    Agenda

    Purpose of Presentation Lets Take a Look at the Numbers Why DO CIOs Get Fired? Why Do CEOs Get Fired? How Does CAI Address? Takeaways

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    CIO Involuntary Departures Not

    Out of Step with Other CxOs

    Reason Top IT Executive Left Company

    IS (148) HR (168) FINANCE(183)SALES

    (90)

    Left voluntarily to pursue career opportunities elsewhere 40% 33% 29% 35%

    Left involuntarily due to performance 23% 19% 23% 18%

    Retired 11% 23% 20% 16%

    Promoted internally 10% 8% 12% 16%

    Left involuntarily due to restructuring / downsizing 5% 4% 3% 3%

    Left involuntarily due to misconduct 1% 3% 4% 2%

    Other 9% 11% 8% 10%

    Source: One in Four CIOs Fired for Performance, Kim Nash, CIO Magazine,March 11, 2009

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    Larger the Org, Greater the Risk

    Reason Top IT Executive Left Company byRevenue

    Total(148)

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    CIO = Career is Over is a Myth

    Tenure of Current Dept. Head by Company Size (inyears)

    AllCompanies

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    Agenda

    Purpose of Presentation Lets Take a Look at the Numbers Why DO CIOs Get Fired? Why Do CEOs Get Fired? How Does CAI Address? Takeaways

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    10 Reasons CIOs Will Get Fired1. Failure to Attack 80/20

    The tools are now available-the at-risk component is the will of the CIO tofight a long and grueling battle.

    1. Failure to Embrace Mobilitythe customers of HP and SAP are clearly telling them that mobility myst be#1.

    1. Failure to LeadSuccessful CIOs surround themselves with technologists and focus insteadon leadership.

    1. Misplaced PrioritiesI can give you our IT strategy in two words: its our business strategy. Dave

    Barnes, CIO, UPS

    1. Revenue InvolvementCan you really expect to survive as a cost center thats detached from therevenue that keeps your company alive?

    Source: Global CIO: 10 Reasons CIOs Will Get Fired This Year, InformationWeek Magazine, Bob Evans,

    June 10, 2010

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    10 Reasons CIOs Will Get Fired6. Revenue Enhancement

    Can you show clearly that you know your primary job is to help thecompany grow and succeed rather than run infrastructure?

    6. Customer Engagementin the age of Amazon and iTunes and Twitter and apps for everything,you dont feel the IT organization can be bothered with enhancing customer

    intimacy?

    6. Cloudy on the CloudCIOs must by now have a forceful and vigorous plan for how the cloud doesor does not fit into their plans.

    6. Real-time AwarenessHow would the ability to do real-time analytics feeding real-time decisionschange how your business operates?

    6. Power of TransformationCIOs needa vision for how IT can become a profound engine for helpingthe CEO and the entire company create the future rather than merelyreplicating the past.

    Source: Global CIO: 10 Reasons CIOs Will Get Fired This Year, InformationWeek Magazine, Bob Evans,June 10, 2010

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    CIOs and Business Cycles

    CIO Tenure = Length of Business Cycle Time Between Last Major Strategy and New One

    CIOs committed to LAST strategy are targetswhen new strategy is chosen.

    If CIOs let themselves be the wagging tail onthis [organizational transformation], then

    they deservethe viewprovided by the tailand its proximate parts. Bob Evans, InformationWeek, June 10, 2011

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    Agenda

    Purpose of Presentation Lets Take a Look at the Numbers Why DO CIOs Get Fired? Why Do CEOs Get Fired? How Does CAI Address? Takeaways

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    Who CARES Why CEOs Get Fired?

    CEOs Get Fired for the Same Reason asOther CxOs.

    Helping the CEO Avoid Making TheseMistakes is a BIG Part of the CIOs Job(whether they realize it or not.)

    So

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    Why Do CEOs Get Fired? Mismanaging Change (31%)

    Failure to Sell the Need to Change Course Failure to Follow-through to Solidify Gains

    Ignoring Customers (28%)

    Failure to Develop Intimate Knowledge of Customers, Customer Needs andDeveloping Trends

    Tolerating Low Performers (27%) Failure to Improve or Discipline Poor Performers Loss of Credibility (Suspicion of Something to Hide)

    Denying Reality (23%) Far to insulated from frontline realities rather have bad news and a plan to fix it, thanno news or sugarcoated news.

    Too Much Talk, Not Enough Action (22%) Grand Visions, But Neglect Tactical Planning and Evidence of Implementation

    Source: Response to question, So why did the CEO REALLY get fired or forced out? inGlobal HR News, based on 4 year, 1087 Board Members, 286 Organizations.

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    Agenda

    Purpose of Presentation Lets Take a Look at the Numbers Why DO CIOs Get Fired? Why Do CEOs Get Fired? How Does CAI Address? Takeaways

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    How CAI Addresses

    CAI IT BuzzSuite

    CAIVeriCenter

    CAI ManagedMaintenance

    Continuous Visibilityand IndirectProcess Control

    Quality Assuranceand ProcessControl

    ContinuousOptimization andDirect ProcessControl

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    Map CAI Offerings to CIO

    Involuntary Departure Top 10

    1. Failure to Attack 80/202. Failure to Embrace Mobility3. Failure to Lead4. Misplaced Priorities5. Revenue Involvement6. Revenue Enhancement7. Customer Engagement8. Cloudy on the Cloud9. Real-time Awareness

    10. Power of Transformation

    CAI IT BuzzSuite

    CAIVeriCenter

    CAI Managed

    Maintenance

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    Your Prospect Matrix

    CAI Offerings that AddressCauses of Involuntary CIO

    Departures

    CIO InvoluntaryDeparture Causes

    CAI ITBuzz

    CAIVeriCenter

    CAI ManagedMaintenance

    Failure to Attack 80/20

    Failure to Embrace Mobility

    Failure to Lead

    Misplaced Priorities

    Revenue Involvement

    Revenue Enhancement

    Customer Engagement Cloudy on the Cloud

    Real-time Awareness

    Power of Transformation

    Detailed Description ofHow CAI Offerings

    Address

    Specific CIODeparture Issues

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    Agenda

    Purpose of Presentation Lets Take a Look at the Numbers Why DO CIOs Get Fired? Why Do CEOs Get Fired? Takeaways

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    Takeaways

    CIOs get fired for the same reasons asother execs.

    They ignored the future

    They enabled waste They alienated truth tellers They promised a better future than they

    could ever deliver

    THEY WERE OUT OF TOUCH WITH REALITY(and their management teams were too weak to overcome their limitations.)

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    McKinsey: Improvement Needed

    in Management Capability in IT

    Source: McKinsey Quarterly, Nov. 2008, ITs Unmet Potential, Exhibit 4

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    Takeaways

    CAI offerings enable CIOs to predict the future, identifyand eliminate waste, encourage truth telling and deliverthe future they promised on time, on budget and withhigh customer satisfaction.

    BY enabling the IT management team to acquire, manageand react to fact-based feedback from the front lines.

    Managers may need more training, but trained or not, they

    need the fact-based feedback in the most relevant,critical areas - to make the right decisions in a timelyfashion.